The Global Extra Neutral Alcohol (ENA) Market is anticipated to rise exponentially at a rate of 6.5% with the forecast period. The high demand for alcoholic beverages across the globe is a major factor boosting the market growth rate.
Likewise, the presence of number of extra neutral alcohol (ENA) producers and distillers that produce alcoholic beverages, increase in the club culture in urban areas around the world and consumer preference for branded liquors over country liquors extends lucrative opportunities for the growth of the extra neutral alcohol (ENA) market.
Extra Neutral Alcohol (ENA) Market Scenario
According to Data Bridge Market Research, the market for extra neutral alcohol (ENA) is expected to gain growth because of rapid rise in the alcohol industry along with increase in the alcohol consumption and high disposable incomes. Moreover, the rapid change in the attitude of people towards drinking and drinking becoming more socially acceptable along with the increase in the uses of extra neutral alcohol as volatile carriers of fragrances and solvents also accelerates market’s growth.
However, fluctuation in the price of raw material and the side effects of the product to the health might obstruct the market’s growth. The reduced manufacturing output due to corona virus outbreak, on the other hand have ability to challenge market’s growth.
Now the question is which are the other regions that extra neutral alcohol (ENA) market is targeting? Data Bridge Market Research has estimated Asia-Pacific to show profitable growth owing to the high rise in the alcohol industry in India within the region.
For more analysis on the extra neutral alcohol (ENA) market request for a briefing with our analysts, https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-extra-neutral-alcohol-ena-market
Extra Neutral Alcohol (ENA) Market Scope
Extra neutral alcohol (ENA) market is segmented on the basis of countries into the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
- All country based analysis of extra neutral alcohol (ENA) market is further analyzed based on maximum granularity into further segmentation. On the basis of raw material, the extra neutral alcohol (ENA) market is segmented into grain-based and sugarcane-based. The application segment for extra neutral alcohol (ENA) market is segmented into potable alcohol, flavors and fragrances, pharmaceuticals, electronics, printing, cosmetics and others.
- Extra neutral alcohol or ENA is basically a highly distilled food grade alcohol. It is usually produced by fermenting sugarcane molasses or grains using yeast and distilled several times to make a colorless and odorless alcohol and it contains nearly 96% of alcohol. It is widely used to make potable alcoholic beverages such as gin, vodka and rum.
To know more about the study, https://www.databridgemarketresearch.com/reports/global-extra-neutral-alcohol-ena-market
Key Pointers Covered in the Extra Neutral Alcohol (ENA) Market Industry Trends and Forecast to 2028
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Market Installed Base
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Market Cost of Care Analysis
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Market Upcoming Applications
- Market Innovators Study
Key Market Competitors Covered in the Report
- NCP Alcohols (Pty) Ltd
- Mumias Sugar Company
- India Glycols Limited
- IFB Agro Industries Limited
- USA Distillers
- Shanker International
- The Saswad Mali Sugar Factory Ltd
- GODAVARI BIOREFINERIES LTD
Above are the key players covered in the report, to know about more and exhaustive list of extra neutral alcohol (ENA) companies’ contact us, https://www.databridgemarketresearch.com/toc/?dbmr=global-extra-neutral-alcohol-ena-market
Research Methodology of Global Extra neutral alcohol (ENA) Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts
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